2015 S Sherbourne Dr, Los Angeles, CA 90034

Back on market as of 1/11/19. Buyer did not perform. Please see additional sale terms in supplements or email listing agent-before writing an offer. Call for offers by 1/17/19. We are pleased to present the 2 story, 4 unit building near Pico/Robertson area of Los Angeles offered at $1,299,000. The subject consists of (four) 2 bedrooms + 1 bath units. There are 4 garage spaces and onsite laundry. Subject has separate electric and gas meters. Low utility bills with each unit having it's own water heater. Great opportunity to take advantage of huge upside in rents as rents are well below market. Actual gross income of $79,246. See rent roll in supplements. The property is need of paint and some maintenance with potential for remodeling and re-positioning. The property sits in a great rental area providing tenants access to freeways, public transportation, business hubs, restaurants and shopping. The subject is near Downtown LA, Beverly Hills, Century City, and Santa Monica.